Steve Burke spent more than three decades making bulk portfolio purchases during his career that includes leadership positions with Center Street Finance, SFG Finance, Regional Acceptance and FSB Financial. Burke highlighted how technology changed the auto finance business with solutions such as sophisticated credit decisioning models, improved collection tools and GPS devices. “However, one thing […] [Read More]

Toyota, Kia and Tesla are the brands that online consumers are shopping for the most this year, according to Jumpstart Automotive Media's latest shopper study released on Monday. Jumpstart’s June Path to Purchase report highlights the vehicle segments, makes and models that captured the largest share of online car shoppers during the first half of 2017. Toyota's overall […] [Read More]

This week's episode is Part II of our visit to the headquarters of CarGurus in Cambridge, Mass.   CarGurus editor Matt Smith joins the show to talk about the company's Best Used Car Awards. Plus, Nick and Joe discuss the latest auto leasing trends from Edmunds. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google […] [Read More]

The former top boss at Chrysler now has a new leadership position with a company that designs and manufactures smart power storage technology for transportation, alternative energy, medical, industrial and grid connected markets. On Monday, Ioxus named Robert Nardelli as the company's chairman of its board of directors. Nardelli is an internationally recognized business leader […] [Read More]

The management team at defi SOLUTIONS recently grew again with the addition of Glenn Munro as vice president of sales. Officials highlighted Munro was an early investor in the company as his foundational, insider knowledge of the defi SOLUTIONS’ history and future roadmap, combined with his extensive experience in auto financing, give him critical insight […] [Read More]

GrooveCar added three new features to its vehicle-buying platform for credit unions; enhancements the company says are designed to continue to support the platform’s mission of boosting credit union engagement and lead generation. The highly responsive design has made the additional new features easy to use for the multi-device user. These new features include: —Market […] [Read More]

Outsell recently launched Inventory Mover, an inventory recommendation engine that uses a real-time customer lifecycle-based approach to help dealers expedite sales. The new artificial intelligence-driven solution identifies consumers in a dealer's DMS and CRM, pinpoints in-market consumers and predicts what VINs might appeal to specific shoppers. "Inventory Mover significantly enhances a dealer's ability to move their inventory quicker," Outsell president Bryan […] [Read More]

Through a new partnership with automotiveMastermind, Volkswagen dealerships can now use both the company’s behavioral analytics and marketing automation in efforts to increase store sales and customer retention rates. "Volkswagen has long established itself as producing high-quality, exciting cars and this is the perfect opportunity to integrate predictive analytics into their sales process," automotiveMastermind vice […] [Read More]

Stemming from an effort to unionize workers, Santander Consumer USA on Friday afternoon vehemently refuted claims contained in a report distributed by the AFL-CIO, National Employment Law Project and Committee for Better Banks about how the finance company’s collections department operates. In a message to SubPrime Auto Finance News, SCUSA said, “the complaints cited in […] [Read More]

Donlen recently announced that the company has brought on a new vice president of client relations to lead its team of national account executives. Chosen for the position is Roger Setzke, who has more than 12 years of previous experience at Donlen and over 25 years of extensive sales leadership experience. “Donlen continues to invest in high-performing […] [Read More]